22985 Lakeridge Road Brock, Ontario L0E 1E0

$749,000

This Powerhouse Investment At 22985 Lake Ridge Rd N In Brock Offers A Rare Combination Of Residential Income And Commercial Versatility On A Nearly Acre Lot. Centered Around A 5,000+ Sqft 2-Storey Block Building, The Property Features Five Distinct Rental Streams: A Ground-Floor Shop/Office With Two Bay Doors, Three Apartments (Two Upper 2-Bedroom And One Ground Level 1-Bedroom), Plus A Separate 3-Bedroom Raised-Bungalow With Finished Walk-Out Basement. Zoned Hamlet Commercial (HC), The Potential Is Massive With Permitted Uses Including A Grocery Store, Medical Clinic, Restaurant (With Drive-In), Automotive Repair, Gas Bar, Hotel, And Retail Commercial Establishments. The Site Is Ideally Located On A Paved Road Just Off Hwy 48, Minutes From Lake Simcoe Beaches And Marinas, Providing High Visibility And Convenience. Practicality Meets Profit With 16+ Parking Spaces, All Units On Separate Meters (Tenants Pay Utilities), And A New Drilled Well And Septic System Installed In 2020. Whether You Operate A Laundromat, Post Office, Or Furniture Store, This Asset Has The Potential To Be A Revenue Engine. All Tenants Are Currently Month-To-Month, Offering Immediate Cash Flow With Future Flexibility For Any Savvy Investor Or Owner-User Looking To Capitalize On This Rural Commercial Hub. (id:61215)

Property Details

MLS® Number	N13213130
Property Type	Retail
Community Name	Rural Brock
Amenities Near By	Highway
Farm Type	Other
Parking Space Total	20

Building

Bathroom Total	6
Cooling Type	None
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Size Interior	1 Acres
Utility Water	Drilled Well

Parking

Other

Land

Acreage	No
Land Amenities	Highway
Sewer	Septic System
Size Depth	238 Ft ,5 In
Size Frontage	133 Ft ,2 In
Size Irregular	0.76
Size Total	0.76 Ac
Size Total Text	0.76 Ac
Zoning Description	Hc

https://www.realtor.ca/real-estate/29823871/22985-lakeridge-road-brock-rural-brock